2501 W Gulf 102Sanibel, FL 33957

FOR SALE - Active
$1,475,000
$1,575,000 (6.3%)
3
Beds
2
Baths
1,950
Sq.Ft.

Overview

  • Status: Active
  • Bed(s) 3
  • Bath(s) 2
  • Half Bath(s) 0
  • Parking 0
  • Size: 1,950 ft2/181.16 m2
  • Price Per: $756.41 ft2/$8,141.94 m2
  • Type: Condo/Villa/Townhouse
  • Built: 1986
  • HOA: No info
  • MLS Number: 223069716
  • View Gulf,Pool/Club
  • On Site: 228 days
  • Updated: Listing Refreshed: 1 Days Ago

Beautiful REMODEL nearly complete - EVERYTHING is NEW, including FURNISHINGS! PHOTOS UPDATED as of 4/25 reflect the current progress. Current Rental projections indicate $116K NET INCOME POTENTIAL! Start generating rental income immediately in Summer 2024. Professional management is in place. The stunning Gulf views are unbeatable, and PINE COVE is one of the few complexes on the island that ALLOWS 7-DAY RENTALS & Unit 102 is a 3-bedroom unit. If you are in search of a beautiful, spacious, and well-located condo on Sanibel Island, this is the ideal opportunity for you. This BEACHFRONT 3-BEDROOM CONDO on Sanibel Island is a rare find. It is already in an established, SUCCESSFUL, VACATION RENTAL PROGRAM. There is plenty of room to spread out, with 1,950 SQ FT plus a LARGE LANAI with views of the Gulf and Pool. The primary suite is huge, & the primary bathroom has a walk-in shower and double sinks. The living room includes an area for a wet bar, so you can entertain guests in style. There is also one ASSIGNED COVERED parking spot and a storage closet. The condo is located on West Gulf Drive, close to all of the island's amenities, including restaurants and shops.

Price History

DateEventPriceChange RatePrice Per
04/11/2024Price Reduced$1,475,000.006.3%$756.41 ft2/$8,141.94 m2
09/29/2023Listed$1,575,000.00$807.69 ft2/$8,693.93 m2

Contact Information

Luis Venegas
Real Estate Advisor
Specialties:
Luxury Communities, Waterfront Single Family Homes
Contact Advisor
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